India's Mining Sector Expands by 7.5%

08 May 2024 CW Team

The growth in India's mining sector is attributed to various factors, including increased production levels, favourable policy reforms, and rising demand for minerals and metals both domestically and internationally. The sector's expansion is indicative of its importance in driving industrial growth and supporting key sectors such as manufacturing and infrastructure.

The mining sector encompasses a wide range of activities, including coal, iron ore, limestone, and other minerals, which are essential inputs for various industries. The growth in mining activities signifies a positive outlook for India's industrial and manufacturing sectors, as it ensures a stable supply of raw materials for production processes.

Furthermore, the growth of the mining sector contributes to job creation, revenue generation, and infrastructure development in mining regions, supporting local economies and livelihoods. The sector's expansion also presents opportunities for investment, technological advancement, and sustainable mining practices.

However, challenges such as environmental concerns, regulatory hurdles, and infrastructure constraints continue to impact the mining sector's growth trajectory. Addressing these challenges and fostering a conducive environment for responsible and sustainable mining practices are essential for the long-term growth and competitiveness of India's mining industry.

As India's mining sector continues to expand, stakeholders, including government agencies, industry players, and local communities, must collaborate to ensure inclusive and sustainable growth while mitigating environmental and social impacts. By harnessing the potential of its mineral resources and adopting best practices, India can maximise the contribution of its mining sector to economic growth and development.

India's mining sector has experienced significant growth, expanding by 7.5% in the fiscal year 2023-24. This uptick reflects the resilience and potential of the country's mining industry, contributing to economic development and resource extraction. The growth in India's mining sector is attributed to various factors, including increased production levels, favourable policy reforms, and rising demand for minerals and metals both domestically and internationally. The sector's expansion is indicative of its importance in driving industrial growth and supporting key sectors such as manufacturing and infrastructure. The mining sector encompasses a wide range of activities, including coal, iron ore, limestone, and other minerals, which are essential inputs for various industries. The growth in mining activities signifies a positive outlook for India's industrial and manufacturing sectors, as it ensures a stable supply of raw materials for production processes. Furthermore, the growth of the mining sector contributes to job creation, revenue generation, and infrastructure development in mining regions, supporting local economies and livelihoods. The sector's expansion also presents opportunities for investment, technological advancement, and sustainable mining practices. However, challenges such as environmental concerns, regulatory hurdles, and infrastructure constraints continue to impact the mining sector's growth trajectory. Addressing these challenges and fostering a conducive environment for responsible and sustainable mining practices are essential for the long-term growth and competitiveness of India's mining industry. As India's mining sector continues to expand, stakeholders, including government agencies, industry players, and local communities, must collaborate to ensure inclusive and sustainable growth while mitigating environmental and social impacts. By harnessing the potential of its mineral resources and adopting best practices, India can maximise the contribution of its mining sector to economic growth and development.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..